(PDF) The Role of Accounting in a Society

Added on - 03 Dec 2019

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Accounting in Society
ABSTRACTAccounting of society is determined that how an organization manages different businessoperations by considering their impact on society. In this regard, two areas that have risen inprominence in recent years are the role of accounting in macroeconomic management and inenvironmental issues and climate change. In addition, this concept also plays extra attentionethical business practices and responsibility of business towards public and environment. Thisessay has carried out detail investigation of different aspect ofVW scandal. This assessment hasfound that Volkswagen has manipulated carbon emission taste by using illegal software which isallowing its diesel cars to produce up to 40 times more Nox as compared to government norms.In this regard, top managers of Volkswagen have been addressed as most responsible individualin this scandal. This is because they have allowed this manipulation in order to enhanceprofitability of company. Apart from that it has evaluated that German government has playedimportant role to control damage from scandal.
TABLE OF CONTENTSEssay................................................................................................................................................4Introduction......................................................................................................................................4Main body........................................................................................................................................4Conclusion......................................................................................................................................6Reference.........................................................................................................................................7
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